The Prime Minister Shri Narendra Modi has said that the CCEA approval of road projects in Odisha and Punjab will help improve the infrastructure and connectivity in these states. In a series of tweets, he said
“CCEA approved the development of four laning of Phagwara-Rupnagar Section of NH-344A in Punjab.
The cost is estimated to be Rs.1444.42 crore and total length of the road to be developed is approximately 80.820 kms.
Project will improve infrastructure in Punjab & will also help in uplifting the socio-economic condition of this region in the State.
CCEA approved the development of four laning of Angul-Sambalpur Section of NH-42 (New NH-55) in Odisha.
The cost is estimated to be Rs. 2491.53 crore and total length of the road to be developed is approximately 151 kms.
The project will help in expediting the improvement of infrastructure in Odisha and in reducing the time and cost of travel for traffic…particularly heavy traffic, plying between Angul and Sambalpur section.
CCEA approved the development of four laning of Aurangabad-Telwadi Section of NH-211 in Maharashtra.
The cost is estimated to be Rs.2028.91 crore and total length of the road to be developed is approximately 87 kms.
Development of this stretch will also help uplifting the socio-economic condition and also increase employment potential for people.”
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The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved the Minimum Support Prices (MSP) of Raw Jute for Marketing season 2025-26.
The MSP of Raw Jute (TD-3 grade) has been fixed at Rs.5,650/- per quintal for 2025-26 season. This would ensure a return of 66.8 percent over the all India weighted average cost of production. The approved MSP of raw jute for Marketing season 2025-26 is in line with the principle of fixing MSP at a level of at least 1.5 times all India weighted average cost of production as announced by the Government in the Budget 2018-19.
The MSP of Raw Jute for Marketing season 2025-26 is an increase of Rs.315/- per quintal over the previous Marketing season 2024-25. Government of India has increased MSP of Raw jute from Rs.2400 /-per quintal in 2014-15 to Rs.5,650/- per quintal in 2025-26, registering an increase of Rs. 3250/- per quintal (2.35 times).
The MSP amount paid to Jute growing famers during the period 2014-15 to 2024-25 was Rs. 1300 Crore while during the period 2004-05 to 2013-14, amount paid was Rs. 441 Crore.
Livelihood of 40 Lakh farm families directly or indirectly depends on Jute Industry. About 4 Lakh workers get direct employment in Jute mills and trade in Jute. Last year jute was procured from 1 Lakh 70 thousand farmers. 82% of Jute farmers belong to West Bengal while rest Assam and Bihar have 9% each of jute production share.
The Jute Corporation of India (JCI) will continue as Central Government Nodal Agency to undertake Price Support Operations and the losses incurred, if any, in such operations, will be fully reimbursed by the Central Government.